Analysis of COVID-19 Crisis-driven Growth Opportunities in Generator Market

Generator Market

Hybrid Gensets – Sustainable Option for Stakeholders in Construction Industry

Although diesel generators will account for the highest production of ~689,000 units by 2027 amongst all fuel-based generators in the generator (up to 20 kVA) market, hybrid technology is emerging as a key driver. Consumers in the generator (up to 20 kVA) supply chain prefer the silence of electrical unit suits. Hence, companies in the generator (up to 20 kVA) space are increasing their efficacy in hybrid gensets, as there is growing demand for hybrid gensets in the construction and events sectors. Companies are increasing the availability of hybrid power systems in the construction industry to help stakeholders achieve energy efficiency.

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Manufacturers in the generator (up to 20 kVA) market are capitalizing on the growing popularity of hybrid technology. This technology is being used by stakeholders in the construction landscape to replace conventional diesel generators, and reduce the runtime of generators. Thus, the cost-efficiency of hybrid gensets is creating vast scope for incremental opportunities, due to reduction in fuel consumption. Hybrid gensets are emerging as a sustainable solution to traditional generators, are less noisy, and contribute towards lesser emissions. Companies in the generator (up to 20 kVA) market are providing other value-added services to customers, such as site power requirement audits, equipment training, and technical support, to increase the sales of their gensets.

generator up to 20 kva market infographics

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Portfolio Expansion in Portable Generators, Focus on African Countries – Profitable Avenues for Manufacturers

The Middle East & Africa currently accounts for the third-largest value share amongst all regions in the global generator (up to 20 kVA) market, with a prediction of high growth potential in the coming years. Hence, manufacturers in the generator (up to 20 kVA) landscape are expanding their product portfolios to increase the availability of robust gensets that help supply electricity to mobile control towers at airports in various countries of Africa. These systems are strategically mounted on semi-trailer trucks with an elevation system above ground level, which allows controllers to have clear visibility. Manufacturers in the generator (up to 20 kVA) market are developing high-capacity generators fitted with telecom systems that are fully-operational for controllers.

The growing popularity of portable generator has further expanded the scope for cumulative opportunities in the generator (up to 20 kVA) space. Portable generators are being increasingly used for both, residential and commercial applications. Manufacturers in the generator (up to 20 kVA) ecosystem are delivering powerful generating solutions in portable petrol- and diesel-powered units. As such, 8 kVA portable generators are being increasingly used in heavy-duty applications.

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Companies Abide by Strict Industry Norms and Explore Opportunities in Small-island Power Systems

Generators have become an indispensable part of the everyday life of customers. However, stringent regulations and technical limitations of generators are anticipated to affect the growth of the generator (up to 20 kVA) market.

For instance, Asia Pacific accounts for the largest market share in the generator (up to 20 kVA) market, with an estimated output of ~370,500 units by the end of 2027. However, strict regulations concerning the noise level of systems have forced companies in the generator (up to 20 kVA) landscape to develop systems that comply with the laid down rules. India is a leading economy in Asia Pacific, but the country’s governing body – Central Pollution Control Board (CPCB) – has issued stringent regulations related to the permissible noise limits of gensets in different regions and areas of the country. Hence, companies in the generator (up to 20 kVA) space are developing systems with acoustic enclosures. They are engineering box-like structures that minimize the noise generated by the machine enclosed within it.

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